What are the advantages and disadvantages of renting for life?

Life-long rental will definitely become the first choice for contemporary young people, because this rental model brings many benefits, mainly in the following aspects.

First, the rental cost is lower. Buying a house requires a high down payment, and renting a house only requires one month's rent. At the same time, there is no need to pay other fees for renting a house, such as decoration fees and property fees, which are borne by the landlord.

Secondly, renting a house can help young people find their favorite residence faster. Compared with buying a house, renting a house is more mobile, and young people can move quickly according to their own needs, regardless of time and place.

Finally, renting a house can also help reduce the economic risks of young people. Compared with buying a house, the economic risk of renting a house is much smaller, because when the market fluctuates, young people can choose to move without bearing any losses.

In short, the advantages of renting a house make it a residence chosen by more and more young people.

Although it has advantages, it also has the following disadvantages:

1. Due to the long contract period, the owner may encounter some problems, such as overhaul and decoration of the house, which will also increase the owner's expenses.

Because of the long contract period, if the owner wants to sell the house, he may encounter some difficulties, because the potential buyer may not be willing to buy a long-term lease contract.

3. The contract period of renting a house for life is often very long, which means that tenants can't move at will during the contract period, which may limit their freedom of life.

During the contract period, if the tenant can't pay the rent for some reason, there may be rent demand, which is not good for both parties.